$1M EBITDA: Mega Practice or Multiple Locations?

The natural impulse for a practice owner sitting on strong cash flow is to assume the next logical step is planting flags across town. But expanding your geographic footprint often introduces a brutal management tax that multiplyies operational headaches, dilutes culture, and duplicates overhead without necessarily putting more spendable cash in your pocket. In this Hotline episode, Dr. Peter Boulden, Dr. Craig Spodak and Ian de Jongh break down a call from Dr. John, an owner generating seven-figure EBITDA across two locations. He's at the crossroads of building two mega practices or acquiring additional offices across the region. Peter and Craig make the case for single-site leverage, explaining why maximizing your existing footprint is far simpler (and often far more profitable) than navigating the tricky operational leap from two offices to three. The guys weigh the real trade-offs: growing under one roof is far simpler than juggling multiple addresses, but putting all your eggs in one basket brings its own risks. Peter and Craig break down why owning your building beats paying a landlord every time, how to tell if you're expanding for a better lifestyle or just feeding your ego, and touch on their experience of managing dozens of chairs themselves. Before you commit to a third lease, audit your existing capacity and make sure the juice is worth the squeeze. Maximize the chairs you have, build an asset you control, and don't expand your footprint until your current walls force your hand. Want to share your update or answer Peter and Craig's follow-up questions? Email [email protected]. Got a story or a question for the guys? Call 561-933-5575. www.bulletproofmastermind.com www.bulletproofsummit.com